1957 Ferrari 250 GT brings $9.4m to Gooding & Company

paulfrasercollectibles

2015-06-26 13:24:07

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1957 Ferrari 250 GT brings $9.4m to Gooding & Company

The official auctioneer of the Pebble Beach Concours has sold a 1957 Ferrari 250 GT

The official auctioneer of the Pebble Beach Concours d'Elegance, Gooding & Company, has seen superb results in Monterey on August 17-18, with its auction topped by a 1957 Ferrari 250 GT 14-Louver Berlinetta.

1957 Ferrari 250 GT BerlinettaCars with a strong racing history are especially sought after at the top of the market

The car, an important competition Ferrari, sold for $9.4m. It is one of only nine examples ever built, withjust eight of those remaining today.

The car is prized for its illustrious racing heritage, having securedninth overall and fourth in class at the 1957 Mille Miglia, as well asfourth overall in the 1957 Coppa Inter Europa.

A matching numbers example, it was also a participant in the inaugural Colorado Grand in 1989. It has since undergone a stunning restoration in the hands of noted marque specialist Dennison International, which helped it to become an award winner at the 2010 Pebble Beach event.

The world record for any Ferrari at auction was set at RM Auctions' Monterey sale, with a 275 GTB/4 NART Spyder realising $27.5m.

Bugatti Type 57 Sc AtalanteThe Bugatti Atalante's (above)predecessor holds the unconfirmed record for any car ever sold, estimated to be around $30-40m

Also selling in the Goodingauction was an exceptional example of the 1937 Bugatti Type 57SC Atalante, considered a masterpiece in automotive design. With fantastic provenance, a first in class award and French cup from Pebble Beach under its belt, it sold for $8.7m.

The Atalante's predecessor, the Type 57SC Atlantic, holds the record for the most expensive car ever sold, realising an unconfirmed $30-40m at Gooding & Company in 2010.

Also featuring was a 2002 Ferrari F1 car driven by Michael Schumacher and Rubens Barrichello, which sold for $2.2m.

In total, the Monterey auctions saw a record $301.9m in sales, with the values of vehicles up 14%, according to Hagerty Insurance.

See more of the top results from Pebble Beach in our classic cars news section.

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